MM Newsletter
  20 October, 2021
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Latest News
Money Management Original
Risk advice only suited for general advice
Due to the level of personal information required for investment and superannuation advice, general advice only works for risk advice, while the corporate regulator confirms RG 244 is up to date on the issue within the current regulatory environment.
Money Management Original
More complex strategies could give greater confidence to retirees
Retirees could be more confident if advisers use more complex strategies such as an individual asset liability model as more precision would have gone into the construction of the framework, according to Fidelity.
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FE fundinfo to make DDO Data and TMDs available to Advisers
Advisers will soon be able to incorporate DDO data and TMD documents in their portfolio construction and client reporting as FE fundinfo announces that they will be integrating DDO data and TMD documents into their suite of products, including the flagship research tool FE Analytics.
Industry News
AIOFP hits back at FSC whitepaper
The Association of Independently Owned Financial Professionals is “cynical” of the Financial Services Councils’ recommendations and believe there are flaws.
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Industry News
Advisers have ‘unsung role’ during pandemic
Research conducted during the first wave of the COVID-19 pandemic has found advisers played a crucial role in crisis intervention, according to Griffith Business School.
Sponsored Content
The megatrends shaping property investments
Societal megatrends will have big implications for real estate – boosting some sectors and disrupting others. First Sentier Investors Global Head of Property Securities delves into the six trends shaping the next decade.
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Industry News
Claim rate higher for advised clients
The claim admittance rate for advice individuals for disability income insurance was at 95% compared to 89% for non-advised clients, according to data from the prudential regulator.
Industry News
Regional trade patterns will determine fortunes of EMs
Investors looking for opportunities in global markets need to pay attention to the post-COVID shift from globalisation to regionalisation, as countries take steps to secure their supply chains and protect their battered economies.
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Money Management Original
Strong demand in Aussie industrial sector will continue
The Australian industrial and logistics markets will see heavy capital flowing in and strong demand will continue.
Industry News
Super reform required to close gender gap
One of the key problems for Australia’s superannuation system is the need for systemic change to reduce the gender pension gap, with a new Mercer study revealing what needs to be reformed.
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Industry News
AAT amends Spectrum ban
The Administrative Appeals Tribunal has broadened the corporate regulator’s decision to ban Spectrum Wealth director, Mark Schroeder, from providing financial services.
Industry News
CFSIL to pay $20m penalty for misleading super members
The Federal Court has ordered Colonial First State Investments Limited to pay a penalty of $20 million for misleading communications with members.
Industry News
BlackRock appoints head of wealth for APAC
Guilherme Lima will develop strategies for BlackRock’s offerings to address the needs of wealth clients throughout Asia Pacific.
Features
Money Management Original
The new era of income protection
The life insurance industry’s losses have stemmed mostly from unsustainable income protection products, Jassmyn Goh writes, but will the new products help end bad habits?
Money Management Original
The power in staying small
The common perception is that growth in assets under management is the goal of a fund, Liam Cormican writes, but many boutique firms are keen to stay small and nimble.
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